SAN JOSE, Calif. — The San Jose Sharks and Evander Kane have reached an agreement to settle the grievance that the NHL Players’ Association filed on the forward’s behalf in January.
Kane was owed $19 million in cash over the final three years of the seven-year, $49 million contract that he and the Sharks agreed to in May 2018.
Kane, who signed a four-year, $20.5 million contract extension with Edmonton in July, is owed $16.5 million by the Oilers over the next three years. Sportsnet’s Elliotte Friedman reported that the settlement addresses that difference in pay, with the Sharks owing money to Kane and likely taking on a salary cap charge of still-unpublicized value.